Oanh Phan Acquires Watertown Multifamily From Christopher Pollak For $825K
87 Edenfield Avenue, Watertown, Massachusetts 02472, United States
$825,000
$392/SF
Building Size
2,100 SF
Asset Type
MultiFamily
Closing
Dec 6, 2021
AI
Located at 87 Edenfield Ave in Watertown, MA, this multifamily property was recently sold in a closed transaction. The property consists of 2 units, with a total square footage of 2,100. The sale price for this transaction was $825,000, resulting in a price per unit of $412,500 and a price per square foot of $393.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $825,000
- Units: 2
- Square Footage: 2,100
- Price per Unit: $412,500
- Price per Square Foot: $393
Oanh Phan served as the buyer in this transaction, while Christopher Pollak acted as the seller. Dan Loprete, from Realty Executives, represented the buyer, and Ari Koufos, also from Realty Executives, represented the seller.
Players
Watertown MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
19.23%
Cash-on-Cash
-5.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93